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Congressional Integrity Project Summary July 5 – July 14, 2023 — ESG Focused

Jul 14, 2023

MAGA Republicans billed July as “anti-ESG month”, and the Congressional Integrity Project has been actively working to undermine their attacks on the freedom to invest.  The Congressional Integrity Project kicked off this week with a new report detailing the deep financial ties between Republicans on the House Financial Services Committee and big oil and other industries who stand to lose the most from environmental, social, and governance investing. They have taken over $9.6 million in campaign contributions from four industries commonly included in ESG screens, namely the oil & gas, coal, tobacco, and civilian firearm industries. Read the full report here

With this, Congressional Integrity Project released an ad that details how MAGA Republicans are pushing their anti-ESG agenda purely to satisfy the wealthy special interests that fund their campaigns. Watch the ad here

CIP sent out 7 rapid-response products, including statements, fact sheets, and roundups.

Republicans on the House Financial Services Committee are in the pocket of big oil and other industries that stand to lose the most from environmental, social, and governance investing. 

The House GOP is at it again with the first in their series of partisan stunt hearings of the week focused on pushing the MAGA agenda by attacking environmental, social, and governance (ESG) investment strategies at their latest hearing with witnesses who push the same conspiracy theories 

The House Financial Services Committee held a hearing, misleadingly titled “Protecting Investor Interests.” In reality, it was nothing more than an attempt by MAGA Republicans to showboat for their wealthy special-interest donors

CIP released a new ad that details how MAGA Republicans are pushing their anti-ESG agenda purely to satisfy the wealthy special interests that fund their campaigns.

The House GOP is at it again with the second in their series of partisan stunt hearings of the week focused on pushing the MAGA agenda by attacking environmental, social, and governance (ESG) investment strategies at their latest hearing with witnesses who push the same conspiracy theories 

The House GOP is at it again with the third in their series of partisan stunt hearings of the week focused on pushing the MAGA agenda by attacking environmental, social, and governance (ESG) investment strategies at their latest hearing with witnesses who push the same conspiracy theories 

This week, MAGA Republicans continued their assault on responsible investing, holding a series of hearings to protect their wealthy special interest donors.

 

CIP was directly mentioned or quoted in the following articles or news appearances. Our report on campaign contributions was also relied on by advocates and folks on the Hill to push back against the MAGA efforts to undermine the freedom to invest.

Politico: Lawmakers introduce bill to close Wynn FARA loophole. “Liberal opposition group Congressional Integrity Project is launching a digital ad buy highlighting investments in oil and gas companies and campaign contributions from the industry to the Republican lawmakers championing the ESG crackdown on the Hill. ‘MAGA Republicans in the pocket of Big Oil want to control your finances’ by ‘targeting corporations for responsible investing strategies,’ the ad’s narrator says, according to a preview shared with PI. ‘Republicans on the House Financial Services Committee alone have taken nearly $10 million from special interests that stand to lose if companies continue to prioritize responsible lending,’ CIP executive director Kyle Herrig said in a statement, accusing lawmakers of “working overtime for these special interests to try to undermine corporate efforts to make forward-looking decisions about clean energy, climate change, and gun violence.’” [Politico, 7/12/23

Exposed by CMD: House GOP Joins the War on ESG, Brought to You by Big Oil. “Republican members of the House Financial Services Committee, which called for the hearings, have accepted more than $6.6 million from the oil and gas industry, according to a new report by the Congressional Integrity Project. In addition, some committee members have direct financial stakes in oil and gas companies, and their witnesses work at think tanks bankrolled by fossil fuel interests.” [Exposed by CMD, 7/14/23]

CIP briefed relevant stakeholders on the Hill and shared the following talking points and message guidance with allies.